Learn what the Book Identification Number (BIN) is and how you can access it for cataloguing, tracking, or referencing books effortlessly.
The Book Identification Number (BIN) serves as a unique verification key, issued by the Assessing Officer (AO) to the corresponding Drawing and Disbursing Officer (DDO). It must be accurately filled in the TDS/TCS statement to align with the BIN view.
Government deductors are required to quote the BIN when reporting TDS without payment through bank challans. BIN is integral to the TDS process, requiring monthly submission of Form 24G by deductors.
After submission to the DDO, a unique BIN is generated, mandatory for government deductors reporting TDS via bank challans. It must be included in quarterly TDS statements to avoid return rejection. Government deductors also use BIN as a unique identifier for TDS reporting and BIN verification purposes.
You can contact the concerned AO to understand BIN view details. Alternatively, you can visit the online portal of the Tax Information Network and access the relevant details through the BIN view online feature.
Follow the steps mentioned here to view BIN details:
Visit the Tax Information Network (TIN) portal
Initiate BIN view login if required, and select the BIN verification link to access the ‘BIN View’ page
Enter the correct Tax Deduction Account Number (TAN), AIN (Account Information Number) details, and mention the nature of the payment
Choose the relevant period range for filing Form 24G in the 24G BIN view section
Enter the correct captcha code
Click on the ‘View BIN Number’ tab
The portal may provide several options under the ‘Nature of Payment’ tab. Select a specific form type to check or view your BIN status. If you require BIN details for all forms simultaneously, select that option from the menu. The TIN BIN view and TIN NSDL BIN view pages provide comprehensive BIN information, accessible directly through the online portal.
Remember, furnishing the correct BIN in your TDS statement is critical; failure to do so may result in rejection of your TDS returns. Using the online portal simplifies the process, enabling you to quickly know your BIN and confirm its accuracy.
Your BIN is a unique identification number containing the following elements:
Receipt number
DDO Serial Number
Date
The receipt number contains seven digits, generated specifically for each Form 24G statement. This unique number is centrally accepted at TIN. The DDO number is another unique five-digit number created for each DDO transaction reported in your Form 24G. Finally, the date refers to the last day of the month for which the Form 24G is filed.
With this information, you can easily access your BIN view status on the online TIN portal. Selecting the appropriate Form 24G period helps quickly verify your BIN status, confirming its validity.
BIN and the specific TDS amount must be stated in the quarterly TDS statements usually filed by a DDO. The Pay and Accounts Office (PAO) verifies this information. In case of any mismatch, there will be no credit.
It's crucial to report the BIN accurately in TDS statements. The number must match the corresponding amount in the TDS statement that a DDO files. Incorrect reporting may lead to mismatches when verifying BIN challan status, resulting in the rejection of your TDS returns. Failure to provide BIN details might result in scenarios indicating "BIN details unavailable," signifying incomplete or incorrect information.
To ensure accuracy, you may raise a request online to verify your BIN information. This helps streamline both BIN verification and accurate TDS reporting.
FAQs on BIN View
How can one check the BIN verification status?
Once you access the BIN View page on the TIN portal, you must provide all essential details. Furthermore, it leads you to a new page providing BIN details for your chosen period.
If you get a message stating the amount matched, your BIN is valid. However, when the amount does not match, it indicates the status of your BIN as invalid.
How long can I request a BIN view access?
You can request it for a maximum period of 12 months.
Who generates BIN?
An Assessing Officer (AO) or the PAO generates the BIN.
Why is it required to include BIN in TDS statements?
BIN helps verify TDS claims, which are deposited through bank challans without making any payment.
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